I2c , Morgan Beaumont sign processing, card-management deal

I2c , Morgan Beaumont sign processing, card-management deal
Tags: 3DES, Bank / Credit Union, Debit / Credit, Distributors / ISO / IAD, EFT Networks, Security, Software, Transaction Processing
August 16, 2006

REDWOOD SHORES, Calif. - I2c Inc., a transaction processor and stored-value-card management provider, has signed a transaction processing and stored-value card deal with Bradenton, Fla.-based Morgan Beaumont.

According to a news release, the agreement gives Morgan Beaumont access to I2c's solutions platform, which supports a range of card-program operations, such as client-configurable management, application processing, cardholder-account management, instant card issuance, merchant management, loyalty, clearing and settlement, bill payment and notification.

Morgan Beaumont also will have the ability to specify card parameters, set transaction limits, establish fees and charges, manage sales channel activity, and define its card services.